About this Event
About the Talk
Economic competition between the United States and China has been a defining issue of the twenty-first century. But after years of rapid growth, China's economy has faltered. How did its long-term economic outlook change so quickly? And can Beijing change course and preserve China's political ambition for global economic primacy?
In Broken China, Logan Wright offers an unflinching account of how China's economy hit the wall. Drawing on extensive experience analyzing the Chinese financial sector on the ground, he argues that China's economic slowdown is rooted in its financial system, and an unprecedented credit expansion is finally coming to an end. Rather than crisis or collapse, Wright argues, China is suffering from a decay of its economic policy tools. With no clear path to recovery, China's economy is broken, the consequences of which will reverberate around the world.
Doors will open no sooner than 15 minutes before the start time.
The Elliott School can coordinate with the university to reasonably accommodate most disabilities. If you need specific accommodations, please contact the Sigur Center at [email protected]. Requests should be made as soon as possible, but at least three days prior to the program to ensure accommodation.
About the Speaker
Logan Wright is a Partner at Rhodium Group and leads the firm’s China Markets Research work. He is also a Senior Associate of the Trustee Chair in Chinese Business and Economics at the Center for Strategic and International Studies. Previously, Logan was head of China research for Medley Global Advisors and a China analyst with Stone & McCarthy Research Associates, both in Beijing.
Dr. Wright’s research focuses on China’s financial system and credit conditions in shaping outcomes within China’s economy, as well as the policies of China’s central bank. He is the author of the forthcoming book Broken China: How the Economic Miracle Shattered and What it Means for the World, as well as three reports on China’s financial system and the country’s longer-term economic trajectory: Credit and Credibility (2018), The China Economic Risk Matrix (2020), and Grasping Shadows (2023).
Dr. Wright holds a Ph.D. from the George Washington University, where his dissertation concerned the political factors shaping the reform of China’s exchange rate regime. He graduated with a Master’s degree in Security Studies and a Bachelor’s degree in Foreign Service from Georgetown University. He is a member of the Council on Foreign Relations. He is based in Washington, DC, after living and working in Beijing and Hong Kong for over two decades.
Event venue & nearby stays
Room 505, 1957 E Street NW, Washington, United States
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